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$341,000

Beds
3
Baths
2.0
sq ft
1,665

107 Heritage Cir, Panama City Beach, FL 32407

107 Heritage Cir

Panama City Beach, FL 32407

  • 45 days on market
    • Price drop $1,000↓
Located in a quiet neighborhood with convenient access between town and the beach, this 3-bedroom, 2-bath home is full of character and modern updates. The property boasts a beautiful spa tower shower addition, all-new sink fixtures, and a brand-new water heater. The roof has been recently replaced, equipped with hurricane clips for added protection. The exterior has been freshly painted, while updated tile flooring runs throughout.Enjoy the enclosed Florida room with storm windows and a sliding glass door, perfect for year-round relaxation. The back patio features cobblestone paving, a cozy fire pit, and a pergola entrance, all within the privacy-fenced backyard. A 2-car garage/workshop offers ample space for storage or projects, while the recent HVAC system ensures comfort throughout the year. The home also benefits from excellent water pressure.The spacious master suite opens to the private back patio through two sets of French doors and includes a master bath with copper Jack and Jill sinks and a skylight. Closet space is abundant, and the home is filled with elegant touches like crystal doorknobs. Gutters have been updated with rain barrels, which convey with the property. Outside, the yard is meticulously maintained and features multi-generational plants and flowers, perfect for plant lovers. The trees have been recently trimmed, adding to the home's curb appeal.The dining room is lit by dimmable, above-table lighting, creating a warm atmosphere for meals. Appliances convey, except the washer and dryer. To top it all off, enjoy a picturesque view of the neighborhood pond from the front of the house.This home is a perfect blend of comfort, style, and convenience!

Details

Property type

Single Family Residence

Est. home value

$349,680

Lot size

6,142 sq ft

Price per sq ft

$205

Year built

1987

Annual property taxes

$3,475

Monthly HOA fee

$12.5

Price History

11/18/2024
CentralPanhandle

CentralPanhandle #763608

Price change
$341,000
-0.29%
10/18/2024
CentralPanhandle

CentralPanhandle #763608

Price change
$342,000
-2.01%
09/24/2024
CentralPanhandle

CentralPanhandle #763608

Listed
$349,000
+9.06%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$197,332
Asking price
$341,000
Closing costs (~8% of asking)
-$27,280
Est. remaining loan balance
-$116,388
Cash to seller
$197,332

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Centennial Bank

Loan start date

August 2022

Original loan amount

$120,000

Est. remaining balance

$116,388

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Eric C Otto and Shannon E Otto

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 2:20 AM

Listing updated: 11/18/2024 at 10:50 AM

Listed by: Justin Cater, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #763608

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